T3 Defense (DFNS) Operating Expenses (2020 - 2026)
T3 Defense (DFNS) posted quarterly Operating Expenses of $4.2 million for Q1 2026, up 177.5% year-over-year from $1.5 million in Q1 2025, and up 298.93% on a QoQ basis from $1.0 million in Q2 2025.
T3 Defense (DFNS) Operating Expenses (2020 - 2026) Analysis & Trends
T3 Defense (DFNS) has reported Operating Expenses for 7 consecutive years, with $4.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 177.5% year-over-year to $4.2 million; the TTM figure through Mar 2026 stood at $5.2 million (up 40.41% YoY), while the FY2025 annual figure was $32.6 million, up 620.44% from the prior year.
- Operating Expenses came in at $4.2 million for Q1 2026 at T3 Defense, up from $1.0 million in the prior quarter.
- The five-year high for Operating Expenses was $9.4 million in Q4 2023, with the low at $116668.0 in Q3 2023.
- Average Operating Expenses over 5 years is $1.8 million, with a median of $1.1 million recorded in 2023.
- Across the five-year window, Operating Expenses plunged 75.74% in 2023 and soared 918.86% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $1.1 million in 2022, then surged by 769.61% to $9.4 million in 2023, then plunged by 87.36% to $1.2 million in 2024, then decreased by 11.81% to $1.0 million in 2025, then surged by 298.93% to $4.2 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $4.2 million, $1.0 million, and $1.5 million for Q1 2026, Q2 2025, and Q1 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 2.10 Bn |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 19.59 Bn |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 12.06 Bn |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | - |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 120.00 Mn |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 273.00 Mn |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 8.89 Bn |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | 132.46 Mn |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 750.00 Mn |
| 10 | T3 Defense | - | - | 371,000.00 | 4.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.18 Mn |
| Jun 30, 2025 | 1.05 Mn |
| Mar 31, 2025 | 1.51 Mn |
| Sep 30, 2024 | 1.19 Mn |
| Jun 30, 2024 | 1.03 Mn |
| Mar 31, 2024 | 2.09 Mn |
| Dec 31, 2023 | 9.41 Mn |
| Sep 30, 2023 | 116,668.00 |
| Jun 30, 2023 | 1.05 Mn |
| Mar 31, 2023 | 954,326.00 |
| Dec 31, 2022 | 1.08 Mn |
| Sep 30, 2022 | 480,867.00 |
| Jun 30, 2022 | 144,590.00 |
| Mar 31, 2022 | 469,271.00 |
| Sep 30, 2021 | 153,337.00 |
| Jun 30, 2021 | 28,567.00 |
| Mar 31, 2021 | 78,411.00 |
| Dec 31, 2020 | 100,584.00 |
| Sep 30, 2020 | 47,262.00 |
| Jun 30, 2020 | 40.00 |